Asumani is a 41-year-old, hardworking man. He lives at Kagadi, Uganda, with four children. The children are aged between 21 and 10 years, and all attend school. He has been selling produce and electronics since 2005 to earn income. He hopes to educate his children, in spite of price fluctuations. Asumani intends to use the loan to buy maize flour for resale.
More information about this loan
This loan is part of HOFOKAM's program targeting poor and geographically excluded populations in Western Uganda. In addition to loans, it provides social and business training programs to low-income entrepreneurs and their communities. Since 2003, HOFOKAM has provided sustainable financial and non-financial services to promote social, economic and sustainable land development and improve the quality of life for vulnerable populations. The organization has a clear vested interest in underserved communities with its headquarters in rural Fort Portal and a number of branches in extremely remote areas.
This loan provides farmers and low-income entrepreneurs from underserved rural areas with access to financial services. By supporting this loan, you allow more farmers and rural entrepreneurs to access capital.